Tomorrow trading is expected between the broad levels of 5040-5180. If the market breaches the level of 5140 on the upper side then the next resistance level will be 5180. But if nifty breaches the support level of 5070 then it may go down till the level of 5040.
Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9915-10515. Bank nifty futures can go down till the level of 9915 once it breaks the level of 10025. On the opposite side once breaking the level of 10325, it is expected to go upward till the level of 10515. Bank nifty will be trading between the narrow ranges of 10025-10325.
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The Sensex fell 36.07 points to 27043.44 and the Nifty declined 7.35 points to 8182.35. However, the broader markets outperformed benchmarks; the BSE Midcap and Smallcap indices gained more than 0.3 percent.
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